Education is expensive whether you are pursuing a college degree, career certifications at a trade school, or something else.  Even with grants and scholarships, many students face the need for funding through loans in some way.  While grants and scholarships typically require no repayment, loans must be repaid. Many types of loans are possible, from federal loans to parent+ loans to private loans; and each arrangement has its own rules.  Co-signers and spouses might share the student loan debt in some circumstances. 

Paying off such loans can take years beyond graduation.  Thus the question:  If I die before my student loans are paid, what happens to that debt?  The answer:  It depends!

Learn more here as ERIE Insurance walks you through what happens to the debt and what solutions and options exists – including the role that Life Insurance can play.

Here at William M. Sparks Insurance Agency, we can help you to learn more about the protection and peace of mind Life Insurance for student loans can offer. We can answer your questions and help you tailor a solution that uniquely fits your needs.  Reach out to us anytime by phone (410-252-8304) or visit our website at  http://www.wsparks.com.

Whether you've decided to purchase Life Insurance because of a major milestone like buying a home or having a child or starting a new business or something else, you will need to think through your beneficiaries, consider who or what you are protecting, decide how much Life Insurance coverage you need and how much you can afford, among other things.  We know that it might be a bit intimidating and confusing at first; but we've got you covered!

We invite you to let Erie Insurance explain the details here so that you can then examine your options and arrive at a Life Insurance policy that is right for you, your family and your budget? 

Then, when you are ready, we are here to help you arrive at just the right Life Insurance policy for you, your family, and your budget.  Just call us at 410-252-8304 or contact us online so that we can answer your questions, give you peace of mind, and help you to get that policy in place.

Purchasing a life insurance policy is a smart idea for any family. But in single-parent households, the need is even more important. As a single parent, you are both the sole financial provider and primary caretaker for your children.

See what ERIE Insurance has to say about Life Insurance for Single Parents:  why it is important to name a guardian for your minor children, why it is important to provide for your debts to be covered, and all about protecting your children in the event of your death. 

Here at Sparks Insurance Agency, we can help you explore your options and to get the right coverage for you at the best rate available.  Just reach out by phone at 410-252-8304 or visit our website at https://wsparks.com/life-insurance.html.     

Picture this: You land an exciting new job with great benefits: vacation time, health insurance, 401(k)… even free lunch once a week!

They offer group life insurance, too – two times your annual salary. That sounds like a lot, right? In many cases, it might not stretch as far as you think.

Let’s say you make $50,000 per year. A benefit of $100,000 can make a big difference to your family – for a while. But through the years, could it really go the distance to pay for expenses and reflect the legacy you want to leave for your family?

Check out what ERIE Insurance has to say about four major disadvantages to relying on your group insurance alone.

Here at William Sparks Insurance Agency, our experienced agents can help you explore Life Insurance options to determine which type of life insurance and which coverage works best for your own lifestyle and circumstances.  Call us at 410-252-8304 or visit our website at https://wsparks.com/life-insurance.html for the details.

Life is always changing – which is why it’s important to review your insurance needs and make sure your coverage is keeping up with your life. Whether you’re entering adulthood or nearing retirement, you may have a need for life insurance… but understanding which policy is best for you can be confusing.

To help you find which benefits you the most, at any stage of life, let’s talk term and whole life insurance with Erie Insurance.

Reach out to us to review your current life insurance coverage and rates.  Call at 410-252-8304 or visit our website at https://wsparks.com/life-insurance.html.